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Monday , August 20 2018
Home / News / Nigerians pledge millions of naira in new ponzi scheme website despite several warnings

Nigerians pledge millions of naira in new ponzi scheme website despite several warnings

A new Ponzi Scheme website has surfaced online and they’re promising 100% return on investment between 7-14 days. They promise to take over MMM and we’re wondering if Nigerians are that gullible enough to still put their money in ponzi schemes.

No one is talking about MMM again, and we’re already having tonnes of Ponzi scheme website coming into play, with taking the lead.

Recall in December, MMM froze participants Mavros and promised to come back in January. In a letter posted on the scheme’s website, MMM said; “As usual, in the New Year season, the System is experiencing heavy workload.

Confirming the severity of constant attacks on the controversial scheme, the statement said “moreover, it has to deal with the constant frenzy provoked by the authorities in the mass media.

“Hence, on the basis of the above mentioned, from now on all confirmed Mavro will be frozen for a month”, the statement partly reads.

Mavro is the general name used to describe participants’ money in the system.

It added; “The reason for this measure is evident. We need to prevent any problems during the New Year season, and then, when everything calms down, this measure will be cancelled. (Which we will definitely do.:-))

Urging participants not to panic, MMM said that “the things are still going well; the participants feel calm; everyone gets paid – as you can see, there haven’t been any payment delays or other problems yet – but!.. it is better to avoid taking risk.:-)) (Moreover, there are almost three weeks left to the New Year.)

MMM apparently, came back in January, but it hasn’t been a bed of roses for participants. From many participants cursing Mavrodi, to others committing suicide after inability to withdraw their Mavros.

Now has come on, and they’re saying they’ve come to stay… with of course an enticing 100% ROI. While many of such platforms have come and gone within a few weeks, many more have emerged via websites and on social media channels.

Just last week, operators of took to their page to announce that they were moving from Telegram to an operational website scheduled to Launch today, Monday 20th, to ease merging which was manually done after gaining almost 1,000 users on Telegram.

An anonymous source reveals that while the site was undergoing test between Wednesday and Friday, over 500 users already registered with a millions of naira… A sum we won’t be disclosing..

A source who says he has already invested an undisclosed amount with the website says he is patiently waiting to be matched and hopes to make good money from it.

Will go far like MMM and later crash? Or will they last many more years than MMM? Well time will tell.

This is a mere report, and we in no way endorse Visiting the website, you’re visiting it at your own risk.

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